Suppose you have 3 jars with the following contents. jar 1 has 4 white balls and 1 black ball. jar 2 has 2 white balls and 1 black ball. jar 3 has 1 white ball and 2 black balls. one jar is to be selected, and then 1 ball is to be drawn from the selected jar. the probabilities of selecting the first, second, and third jars are 1/2, 1/3, and 1/6 respectively. find the probability the ball was drawn from jar 3, given that the ball is white.

what is the probability the ball was drawn from jar 3, given that the ball is white?

(simplify your answer. type an integer or a fraction.)

The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was

Listed below are several transactions that took place during the first two years of operations for the law firm of pete, pete, and roy. year 1 year 2amounts billed to clients for services rendered $ 170,000 $ 220,000 cash collected from clients 160,000 190,000 cash disbursements salaries paid to employees for services rendered during the year 90,000 100,000 utilities 30,000 40,000 purchase of insurance policy 60,000 0 in addition, you learn that the company incurred utility costs of $35,000 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the insurance policy covers a three-year period. required: 1. & 3. calculate the net operating cash flow for years 1 and 2 and determine the amount of receivables from clients that the company would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model.2. prepare an income statement for each year according to the accrual accounting model.

You get your monthly banking statement and notice that the number is lower than expected. you decide that you should create a cash flow statement. why are cash flow statements useful in managing money? what are the steps in creating a statement?